Funding you earn now, next payment 09:00 UTC+0.0245%/8h= +26.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.091%
Price spread now: Kraken Futures against Arcus+0.076%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 4 days (all we have)+0.277%+$28 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.076%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SNDK-USD | 1,748.7 | 0.0040 | pay 0.0005% / 1h | 34m 56s | $250K | $1.5M | 10x |
| Short | Kraken Futures PF_SNDKUSD | 1,750 | 0.0285 | get 0.0036% / 1h | 34m 56s | $127K | $344K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $51.48
- Price spread: +0.076% → +0.053%
- $2.28
- Slippage, 4 orders
- −$29.44
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $9.82
- Costs to cover
- 0.439%
- Break-even
- 5.7 days
Slippage from Arcus: live order book, 4 min ago; Kraken Futures: live order book, 63 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus live order book, 4 min ago | 1.06 bp | 3.9 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 2.55 bp | 18.0 bp −$18 | 41.8 bp −$418 | doesn't fit | doesn't fit |
SNDK on 40 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0845% | 8h | 1,750.4 | +0.098% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0412% | 8h | 1,749.8 | +0.065% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0246% | 8h | 1,749.5 | +0.046% | $49.3M | $167.0M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,749.5 | +0.044% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0080% | 1h | 1,750 | +0.073% | $329K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,749.7 | +0.055% | $6.0M | $22.5M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,750 | +0.077% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,749.9 | +0.070% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,749.8 | +0.064% | $279.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,749.8 | +0.063% | $31.6M | $104.1M | 100x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,749.2 | +0.029% | $82.0M | $821.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,750 | +0.076% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,749.1 | +0.025% | $178.4M | $218.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,748.8 | +0.008% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,751.1 | +0.138% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,749.8 | +0.066% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,750.5 | +0.106% | $942 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,749.7 | +0.055% | $50K | $360K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,749.8 | +0.061% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,747.5 | −0.066% | — | $577K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,752.2 | +0.199% | $727 | $38K | 5x | as long as short |
| Entropy io:SNDK | +0.0023% | 1h | 1,750.3 | +0.092% | $4.5M | $19.4M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,749.9 | +0.067% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,749.5 | +0.047% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,749.2 | +0.027% | $448K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.932% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDlong | +0.0040% | 1h | 1,748.7 | long leg | $250K | $1.5M | 10x | |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,748.8 | +0.006% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,750.1 | +0.081% | $241K | $630K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,749.3 | +0.035% | $118.5M | $158.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,749.4 | +0.041% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,749.4 | +0.041% | $715K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.7 | +0.115% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,749.2 | +0.030% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,748.9 | +0.014% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.6 | +0.165% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,748.5 | −0.013% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,749.2 | +0.027% | $426K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0127% | 4h | 1,751.2 | +0.143% | $556K | $350K | 10x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0285% | 1h | 1,750 | +0.076% | $127K | $344K | 20x |
Kraken Futures PF_SNDKUSD
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC